Had 2 deals fall through at the last minute.

#1 - Was going to do a Sub 2 with the seller and then rent it out. At the last minute the seller decided he wanted to try to sell his house outright again even though I had shown him all the comps for that area, and he was about $60k over priced. Can't push people too hard if they don't want to do it. He thinks his house is worth more than the market is willing to pay. Maybe he'll be back in a few months.

Good Day all!
It has been an awesome ride this last three weeks I can tell you that! Dean, you and Matt ROCK!!! Look, I simply followed the instructions in the 30 Days to Real Estate Cash, and I wholesaled a commercial property today!! I'm placing offers, hanging bandit signs, doing market research in my city, and GETTING RESULTS!!!

I'm just doing it, that's all!

So...onto the next deal!!!

STOKED IN SEATTLE!!!

JR

Most of the people on the Cashflow Club of Facebook already know this by now, but I wanted to share this, to give others hope that it can be done! This experience wasn't easy & we only made $500 in profit, but we got a $3,000 education for free & are looking to do the next deal.

Some of you will think, "only $500... why?". My rei partner & I didn't run the numbers good enough the 1st time & by the time our offer on this hud deal was accepted, it was too late to change it. Hud will not bend any rules, nor negotiate. You only get one first & final shot at an offer, unless something drastically happens to the home while it's under contract.

I had to share. I really need to sit down in the next few days and figure out exactly what I've made, and how my net worth has grown since I joined the Success Academy in late 2009. I will come back and report for sure mainly to keep on sharing with one another how it really can be done and how amazing RE has been in my life, so others can see they can do it too!!

My two babies (age 9 months and 2 1/2 keep me hopping) and sometimes I have little time to reflect and keep up with all the progress I've made because there is too much to do to move forward. But I really need to be thankful for what Carol shared in her Edge presentation, "I'm not where I want to be, but I'm not where I used to be." Amen. That is what I'm reflecting on today!

This one was as fast and easy as they come. Estate sale listed on the MLS for 1 day. Ended up paying $173,500. They were asking $194,000. $1000 earnest. Put it under contract with one of my buyers for $185,000. $2500 non-refundable earnest money.

ARV is $269,000.
Light rehab/remodel $20,000.
Selling/holding costs $26,000.
Net profit to my buyer $38,000.
I am doing an LLC transfer on this one one. I have zero closing costs and will net $11,500.

Three more under contract that I will sell while I am on a cool house boating vacation at Lake Powell. Taking all the kids and grand kids. All paid for with one deal!!

25/1 through an agent is the "Dean" technique I used on 3 out of 4 of these deals!

Thanks Dean!!

Michael

Good Day All! First off, I want to say Hello to everyone here on the site, as this is my very first post!

My success story is very simple!

1)I made a commitment to myself and my family to become a real estate Wholesaler, and pursue a career in real estate using Dean's guidance!!!

After spending 10 years in an Executive Sales position, and creating revenue for other people, I quit my job and have fully devoted myself to being a real estate wholesaler! Before then, I too, was a Matt Larson.. I worked as a machinist for 10 years prior to being recruited into Capitol Equipment Sales.